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Cable Update (GBPUSD)

So the gaps been closed, where to from here because suddenly Cable doesn't look to have the strength it did yesterday?
Don't Leave Money on the Table
Quoting HaLBot
So the gaps been closed, where to from here because suddenly Cable doesn't look to have the strength it did yesterday?
I'm at breakeven short EU' and have a pending short GU. DXY doesn't know if it's Arthur or Martha atm. I Like Trump, but I wish he'd shut up.
  • Post #846,363
  • Quote
  • Edited Nov 26, 2024 12:44am Nov 25, 2024 9:57pm | Edited Nov 26, 2024 12:44am
Morning , checking pa , same before , daily under resistance but not on support , gap filled , so now test and breaks previous be important, bottoming effects likely. Breaks 2486 and ultimately hold may test 2444 next support ! Take care
Range can be 2560 +- to 2444:

Smaller tf , now breaks 2542 limit likely test minimum correction 2545 to 51/56 , burst up possible for 60+/79 + before next to bottom test ! If 42 protect then may try bottom test early !
Tl 2550 breaks was so smooth , , may retest before breaks up limit 63 to 79 plus move.

Retest pullback 2550 , signal/ correct, 1st confirmation 2547 and tl sr 45 also and top failure only breaks and hold 2538 , better over now limit 42 .:so bounce intact for next or one last leg up for 2579 plus move. And looks not easy even to go there 2570 may get strong resistance and may start short if ok .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
[quote=HaLBot;15071234]So the gaps been closed, where to from here because suddenly Cable doesn't look to have the strength it did yesterday?[/quote
]
High probability Buy or Sell

But buyers are gathering momentum for now...
Market Structure is the King.....
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Market Status RANGING until breakout of base.

My perspective. Other contributions would be appreciated.

Risk management is key.
Market Structure is the King.....
Quoting Abeylyn
{image} Market Status RANGING until breakout of base. My perspective. Other contributions would be appreciated. Risk management is key.
Looking for a scalping buy around 1.2542/(-12) pips.

A single trade entry @ 0.500 Fibb. level.

Technical evidence to buy must be sighted before entry.

Risk Management is key.
Market Structure is the King.....
Quoting Moty
{quote} Mf !!!!!!! Now you remember to go up After my account was blown with long trades Now i am on a break until.8th of December {image}
I will be back with unexpected funds at London open with long entry
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Quoting mallee
{quote} I'm at breakeven short EU' and have a pending short GU. DXY doesn't know if it's Arthur or Martha atm. I Like Trump, but I wish he'd shut up.
Trump will never shut up, even when he passes there will be a digital version carrying on
Don't Leave Money on the Table
Quoting Moty
{quote} I will be back with unexpected funds at London open with long entry {image} {image} {image}

Moty you really shouldn't be robbing little ole ladies just so you can trade
Don't Leave Money on the Table
Quoting HaLBot
{quote} Moty you really shouldn't be robbing little ole ladies just so you can trade
ha ha ha
i took a little Cash advance from my boss
yes yes yes
i'm in
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Quoting Abeylyn
{quote} Looking for a scalping buy around 1.2542/(-12) pips. A single trade entry @ 0.500 Fibb. level. Technical evidence to buy must be sighted before entry. Risk Management is key.
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GU long. Will be trailed to BE.

RM is necessary because Sellers are also formidable .
Market Structure is the King.....
Quoting Moty
yes yes yes i'm in {image}
You'd be feeling dizzy Moty?
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I added to long here , NOW........................

Quoting ScalaFX
{quote} have some protected shorts, some closed, lets see how deep this can go
My lovely BItcoin
People don't plan to lose. They lose because they don't plan.
G/M, bearish dly candle y/day....today's Asian hi and lo are presently the current dly hi and lo. Y/day's 2506 lo (which is above last week's 2487 lo,) found support @ the prev 1hr/4hr/now minor dly sw lo zone = prev supp x 2, = pot supp that extends down to last week's lo.

1hr below
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Intraday swinger @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
Quoting mallee
{quote} You'd be feeling dizzy Moty?
lol, if he not, I will xD
Always follow your own shit
...so, 4hr and dly still in 'general' downtrends, and 1hr a bit rangy right now. Price remains inside last week's pip range so far this week with no b/o's of it either way so far.

4hr, then 10/20/40 ema graphic, then Downside longer-term fibs and Wkly/Mthly pivots, below.
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Intraday swinger @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
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